openPR Logo
Press release

Computer Aided Detection Market Estimated to Cross (Revenues) by 2024

08-29-2017 01:25 PM CET | Health & Medicine

Press release from: Persistence Market Research

Computer Aided Detection Market Estimated to Cross (Revenues)

Incidences of various types of cancers such as lung, prostate, breast and colorectal cancer is gradually increasing. For instance, the American Cancer Society estimated that more than one Mn people in U.S. are diagnosed with cancer every year and in 2012, 14.1 Mn new cases of cancer were reported. It has also been reported that in the same year, 8.2 Mn people died of cancer, which accounted for 14% of the overall deaths in 2012.

Cancers such as colorectal, lung, stomach, breast, prostrate, cervical cancer and leukemia are the most common types of cancer. A publication in association with the World Health Organization (WHO) and the International Agency for Research on Cancer (IARC), stated that occurrence of cancer increased with the growing age of individuals.

Increasing awareness of successful cancer treatment which needs early diagnosis is driving the population towards routine checkups and is expected to boost global CAD market growth during the forecast period.

Furthermore, availing health insurance requires mandatory pre-screening tests for chronic diseases. Thus, as the demand for insurance will gradually increase, the need for precise screening tools shall also increase correspondingly. Hence, growth in demand for insurance policies is expected to increase the adoption rate of CAD solutions in diagnostic tools. High preference for digital breast tomosynthesis is another factor that drives the growth of the global computer aided detection market.

In digital breast tomosynthesis, the radiation is more concentrated and imaging is done of the complete breast with limited degree scan. Most of the imaging done is by reconstruction and is generally based on expectation–maximization algorithm. Digital breast tomosynthesis is, therefore, a computer aided detection wherein great computational power and image construction algorithm is required to produce detailed images of the breast.

Technological advances such as evolution of artificial intelligence (AI) is expected to augment the continuous development of the global CAD market. The evolution of artificial intelligence globally is projected to drive growth of detection and diagnostics, and be a valuable asset in the investigation of cancer. This factor is anticipated to boost the growth of the global computer aided detection market in forecast period.

Based on application, breast cancer segment is expected to contribute largest share in global computer aided detection market due to increasing incidences. According to the World Cancer Research Fund International, breast cancer is the most common cancer in women globally, with nearly 1.7 Mn new cases detected in 2012.

Additionally, breast cancer accounted for about 12% of all new cancer cases and 25% of all cancers in women. Based on end users, the global computer aided detection market has been segmented into hospitals, clinics, diagnostic centers and research centers. Hospital end user segment is expected to contribute the maximum share among end users.

On the basis of regional presence, global computer aided detection market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to lead the global computer aided detection market due to high adoption of CAD in cancer diagnosis.

The European region is anticipated to be the second largest market with a prominent share of the breast cancer segment through 2024. The Asia-Pacific and Latin America region on the other hand are expected to represent the highest growth rate during the forecast period owing to the growing incidence of cancer in these regions. The Middle East & Africa market is not well established as compared to the other regions.

Request for more detailed information (TOC And Sample): https://www.persistencemarketresearch.com/samples/12649

Some of the major players in global computer aided detection market are Hologic, Inc. iCAD, Inc., Agfa-Gevaert N.V., EDDA Technology, Inc., Fujifilm Medical Systems, Inc., Invivo Corporation, GE Healthcare Ltd., Philips Healthcare, Hitachi Medical Corporation, Siemens Healthineers, etc.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Computer Aided Detection Market Estimated to Cross (Revenues) by 2024 here

News-ID: 689284 • Views: 308

More Releases from Persistence Market Research

Tectonic Innovation To Drive The Industrial Sugar Market
The global industrial sugar market is shaped by factors such as the average international price of commodities, sugarcane products value addition by way of integrated sugar complexes, industrial beet sugar market growth, and expanding sugarcane production. In addition, the consumption trends of packaged food & beverages and new innovations leading to the use of sugar in products marketed as ‘health products’ should certainly benefit the industrial sugar market. The industrial
The Veterinary Molecular Diagnostics Market To Move Through Glossy Innovation
The global Veterinary Molecular Diagnostics Market is bound to witness a CAGR worth satiating In Upcoming Years. In the era of cloud computing, the cloud revolution is there to break the stereotypes. Several key stakeholders are going for cloud hosting solutions providers to enhance their accounting services. This migration to cloud technology is making way for the enterprises to simplify their daily tasks, that too, conveniently and cost-effectively. As such,
Exponentially Innovative Slingshot To Define The Fermented Plant Extracts Market
nutrient content, comprising of essential vitamins and amino acids. Fermented plant extract is like a readymade compost manure. Most importantly, it is hundred percent organic and is a better option than chemical fertilizers which can be toxic to the plants. Also, many a times in compost manure plants are unable to utilize the nutrients, which can be taken up from liquid fermented plant extracts. The fermented plant extracts market has
The Tahini Market To Grow On An Innovation Revealing Spree
Driven by growing popularity across the globe and steady adoption by the F&B industry, global tahini market volumes are estimated to surpass 314 thousand tonnes in 2016, up from nearly 305 thousand tonnes in 2015. According to the latest report published by Persistence Market Research titled “Global Market Study on Tahini: Paste and Spreads Product Type Segment Projected to Remain the Largest Segment During the Forecast Period,” global volumes are

All 5 Releases


More Releases for CAD

Global 3D Cad Market growth driving Due to Shift from 2D CAD to 3D CAD Technolog …
The 3D CAD market is set to reach $7.2 billion by 2022, growing at a CAGR of 4.9% between 2016-2022. The market is driven by factors, such as increasing product recalls in automotive industry, shift from 2D CAD to 3D CAD, and use of 3D CAD in packaging machinery. In terms of model, the 3D CAD market is segmented into wire-frame model, surface model, and solid model. Solid model was
Simply more fun with CAD
The ergonomic design and an optimised range of functions in the new R6 generation of the MEDUSA4 CAD software provide an incomparable CAD experience Cambridge, UK and Pittsford, NY – 1 March 2016: The new R6 generation of MEDUSA4 is now available after extensive development work. The wide range of functions in the CAD software now offers even greater benefits and the new, ergonomic design simply makes more fun for users.
Simply more fun with CAD
Cambridge, UK and Pittsford, NY – 4 March 2016: The new R6 generation of MEDUSA4 is now available after extensive development work. The wide range of functions in the CAD software now offers even greater benefits and the new, ergonomic design simply makes more fun for users. A new Generation MEDUSA4 has always evolved on the basis of customer requests and their industry-specific requirements. A number of beta testers have been
CDS CAD Download Solution Integrated in New Dorner CAD Configurator
Allows Users to Build Complete Conveyor Assemblies to Exact Specifications and Download CAD models San Jose, CA, November 13, 2012. CDS (Catalog Data Solutions, Inc.), a leading provider of online product selection tools for industrial suppliers, today announced that Dorner Manufacturing Corporation has integrated the CDS ModelServer with their new CAD Configurator to enable creation and download of exact CAD models of custom conveyor assemblies. Dorner designs, manufactures and integrates conveyor
CAD Software Integrates with iPad
Beijing, China, August 11, 2011- GstarCAD, an industry leading 2D/3D CAD software provider is developing GstarCAD M, a plug-in running on iPad for the CAD users to view and edit dwg files on the mobile. With the advent of vehicles, variety delicious food as well as internet, etc., people's lives become more and more colorful. Now with iPad came into being, the applications running on it is inevitable, for the
XS CAD India renews ISO Certificate
ISO (International Organization for Standardization) is the world's largest developer and publisher of International Standards. ISO is a network of the national standards institutes of 162 countries, one member per country, with a Central Secretariat in Geneva, Switzerland, that coordinates the system. ISO is a non-governmental organization that forms a bridge between the public and private sectors. On the one hand, many of its member institutes are part of the governmental structure